In this time frame, the price is moving in the circuit of a downward trend line and it is expected to rise by crossing the resistance range of $1747 to the Fibonacci range of 1.618. But if the range of $1747 continues to resist and the price can break the support range of the rising trend line downwards, the Rising wedge pattern We will find credit and expect a fall to the $1645 range.
Support range: 1611-1645-1689
Resistance range: 1747-1812-1874
GOODLUCK
SANAM
Support range: 1611-1645-1689
Resistance range: 1747-1812-1874
GOODLUCK
SANAM
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.